| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $44M | — | 9.5% | — |
| Op. Income | $21M | $18M | — | 14.0% | — |
| Gross Margin | 90.5% | 88.0% | — | 2.5pp | — |
| Net Margin | 28.1% | 26.7% | — | 1.4pp | — |
| EPS (Diluted) | $0.67 | $0.59 | — | 13.6% | — |
| Free Cash Flow | $53M | $20M | — | 167.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $9M |
| Operating Expenses | $23M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $21M |
| Interest Income | $39M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $1M |
| EBIT | $21M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $9M |
| Operating Expenses | $23M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $21M |
| Interest Income | $39M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $1M |
| EBIT | $21M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $957.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$87M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $107M |
| NET CASH FROM FINANCING | $113M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | $80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $199M |
| Short-Term Investments | $461M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $671M |
| PP&E (Net) | $15M |
| Goodwill | $30M |
| Intangible Assets | $2M |
| Long-Term Investments | $3.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $105M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $1M |
| Short-Term Debt | $277M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $383M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$200M |
| TOTAL NON-CURRENT LIABILITIES | $183M |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $203.0K |
| Additional Paid-In Capital | $213M |
| Retained Earnings | $182M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $387M |
| Minority Interest | $0 |
| TOTAL EQUITY | $387M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $660M |
| Net Debt | $460M |
